The sharp distinction between money that is invested for a financial return and charitable gifts to help solve social problems is anachronistic, argue the authors of a new book, Impact Investing: Transforming How We Make Money While Making a Difference.

In an interview, Antony Bugg-Levine, who has been appointed as the new leader of the Nonprofit Finance Fund, which offers consulting services and loans to charities, and Jed Emerson, executive vice president of Impact­Assets, a nonprofit financial-services company, discuss what the growing interest in investments that seek both social and financial returns means for nonprofit organizations.

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About Gary Coiro

Nonprofit & Church Leader
Nonprofit Leader and Consultant since 2004, following 15 years as a pastor. Competencies include board development, fundraising, staff development and management, strategic planning, church work, Bible teaching, and capital campaigns. Currently consulting and serving on the Church Ministries Management Team for a large multi-cultural evangelical church.